ROM 10-04 - Review of Controls Over Job Creation and Retention Statistics Reported by SBA under the American Recovery and Reinvestment Act of 2009
… examined how jobs were reported for multiple loans to the same businesses. In addition, we interviewed SBA officials … example, one business was approved for 2 loans on the same day in June, totaling $75,000 and $125,000 and the number of … to 20 percent of the gross loan approval value would not get disbursed, however, greater transparency would be …